Forum: Psychology and Money Management
August 8th, 2013, 01:42 PM
|
Replies: 13
Views: 3,291
Risk is most important at the beginning stages...
Risk is most important at the beginning stages and as such, your
trade management (stop - exit) should be your main focus.
As your trade develops and you book profits, your risk becomes smaller...
|
Forum: Psychology and Money Management
August 8th, 2013, 12:02 PM
|
Replies: 13
Views: 3,291
Trade management is most important at the...
Trade management is most important at the beginning stages of the trade.
Once it starts to go your way and run (especially for swings), then it's sort of
a set it and forget it method because most...
|